Market Overview - The economic calendar for today is light, with key data including weekly jobless claims and October trade balance expected at 8:30 AM [1] - Fed Vice Chair for Supervision Michelle Bowman will speak on bank supervision and regulation at 12:00 PM, which may cause short-lived market volatility [2] SPDR S&P 500 ETF Trust (SPY) - SPY opens at 684.50, with buyers aiming to establish support; a successful push could lead to 685.60 and potentially 687.90 if momentum strengthens [3] - If SPY falls below 684.50, sellers may drive the price down to 683.35, with further breakdowns possible to 681.00 [4] Invesco QQQ Trust Series 1 (QQQ) - QQQ starts at 623.75, with bulls looking to stabilize; a successful lift could lead to 624.85 and potentially 628.30 if tech sentiment improves [5] - A drop below 623.75 could see sellers push the price down to 622.60 and possibly lower [6] Apple Inc. (AAPL) - AAPL begins at 284.00, with buyers aiming to support this level; a rise to 285.70 is possible if momentum builds [7] - If AAPL loses 284.00, it may drop to 283.10, with further declines possible [8] Microsoft Corp. (MSFT) - MSFT opens at 479.75, with bulls trying to generate support; a successful move could lead to 482.00 and beyond [9] - A fall below 479.75 could see MSFT drop to 478.55 and potentially lower [10] NVIDIA Corporation (NVDA) - NVDA starts at 180.25, with buyers looking to stabilize; a bounce to 182.00 is possible if support holds [12] - If NVDA loses 180.25, sellers may push the price down to 179.40 and further [13] Alphabet Inc Class A (GOOGL) - GOOGL opens at 320.75, with bulls aiming to maintain this level; a rise to 321.70 is possible if momentum continues [14] - A slip below 320.75 could lead to a drop to 319.75 and potentially lower [15] Meta Platforms Inc (META) - META begins at 645.00, with buyers trying to create stability; a rise to 646.60 is possible if strength holds [16] - If META loses 645.00, it may drop to 643.30 and further [17] Tesla Inc. (TSLA) - TSLA opens at 449.75, with bulls aiming for early momentum; a successful push could lead to 451.10 and beyond [18] - A fall below 449.75 could see TSLA drop to 448.35 and potentially lower [18]
How To Trade SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, TSLA Using Technical Analysis